Hale County, Texas: commercial real estate data.
Hale County, Texas has a population of 32,131 across 1,005 square miles, down 1.8 percent since the 2020 census base. County output reached $1.77 bn in 2024, 645 establishments operate here, and the SBA record carries 7 7(a) approvals worth $5.0 m.
122 sourced county values · tier FULL · 12 sections
Hale County
How many people live in Hale County
- Population32,131
- Households11,024
- Average household size2.91
- Median household income$51,897
- Median age34.4
- Median gross rent$836 per month
- Median owner-occupied home value$116,500
- Home value to household income2.2 times
- Annual rent as a share of median income19.3 percent
- Adults 25 and over with a bachelor degree or higher15.3 percent
- Adults 25 and over with a graduate degree5.5 percent
- Adults 25 and over20,040
- Population under 188,446
- Share under 1826.3 percent
- Population 65 and over4,575
- Share 65 and over14.2 percent
- Working age population, 18 to 6419,110
- Civilian labor force14,535
- Unemployment rate5.3 percent
- Labor force participation, adults 18 and over61.4 percent
- Rank by population among Texas counties90th of 254
- Rank by population among US county-equivalents1418th
Hale County is the 90th largest of 254 Texas counties by population. A median home costs 2.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 26.3 percent against 14.2 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Hale County
Is Hale County growing
- Population change since the 2020 census base-1.76 percent
- Census 2020 base population32,526
- Births, 2024357
- Deaths, 2024348
- Natural change, 20249
- Net domestic migration, 2024-223
- Net international migration, 2024153
- Total net migration, 2024-70
- Cumulative net domestic migration, 2021 to 2024-971
- Rank by growth among US county-equivalents2437th
The county has lost 1.76 percent of its population since the 2020 census base. Births exceeded deaths in 2024 but more people left than arrived, so the population is being sustained internally rather than attracting.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Hale County
Where people moving to Hale County come from
- Tax returns filed by households arriving653
- People arriving, from those returns1,322
- Adjusted gross income arriving$28.9 m
- Net adjusted gross income movement$0
- Average income of an arriving household$44,251
- Largest single originHale County Non-migrants (10,249 households)
- Largest single destination (10,249 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Hale County Non-migrants | 10,249 | 22,721 | $543.0 m |
| Other flows - Same State | 259 | 498 | $10.2 m |
| Lubbock County | 175 | 377 | $8.3 m |
| Other flows - Different State | 127 | 259 | $7.1 m |
| Other flows - West | 73 | 149 | $5.2 m |
| Floyd County | 43 | 85 | $1.5 m |
| Other flows - Midwest | 30 | 67 | $1.1 m |
| Swisher County | 27 | 61 | $771,000 |
The largest single source of arrivals is Hale County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Hale County
What the Hale County economy runs on
- County GDP, 2024$1.77 bn
- County GDP, 2023$1.74 bn
- GDP change, 2023 to 20241.3 percent
- GDP change over five years33.3 percent
- Rank by GDP among Texas counties116th
- Rank by GDP among US county-equivalents1378th
- GDP per resident$54,951
Output grew 1.3 percent in the latest year and 33.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Hale County
Who employs people in Hale County
- Covered employment, annual average10,866
- Establishments reporting854
- Average annual pay$48,708
- Average weekly wage$937
- Sector 48-49, employment1,349
- Sector 48-49, average annual pay$60,286
- Sector 44-45, employment1,319
- Sector 44-45, average annual pay$33,295
- Sector 72, employment952
- Sector 72, average annual pay$19,182
- Sector 31-33, employment694
- Sector 31-33, average annual pay$58,857
- Sector 81, employment373
- Sector 23, employment352
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 48-49 | 1,349 | 35 | $60,286 |
| Sector 44-45 | 1,319 | 105 | $33,295 |
| Sector 72 | 952 | 58 | $19,182 |
| Sector 31-33 | 694 | 26 | $58,857 |
| Sector 81 | 373 | 61 | $48,077 |
| Sector 23 | 352 | 56 | $55,466 |
| Sector 42 | 297 | 38 | $72,984 |
| Sector 54 | 290 | 53 | $72,056 |
The largest sector is the biggest private employer group at 1,349 jobs, 12.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Hale County
What businesses operate in Hale County
- Establishments, all industries645
- Employment at those establishments8,604
- Annual payroll$353.0 m
- Establishments per 1,000 residents20.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Hale County
What is being built in Hale County
- Housing units authorised by permit, 20246
- Declared construction value permitted$1.6 m
- Single family units authorised6
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$259,657
- Units authorised per 1,000 households0.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Hale County
How much SBA lending happens in Hale County
- 7(a) approvals recorded7
- 7(a) gross approval dollars$5.0 m
- Average 7(a) approval$721,371
- Median 7(a) approval$350,000
- 10th percentile approval$25,000
- 90th percentile approval$2,883,600
- Largest single approval$2,883,600
- Jobs reported supported, 7(a)61
- Jobs per approval8.7
- Distinct 7(a) lenders active6
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer14.3 percent
- Loans on real estate terms1
- Loans on working capital terms, 120 months or shorter5
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countGeneral Freight Trucking, Long-Distance, Truckload (2)
- Most active lenderNewtek Bank, National Association (2)
- 504 approvals recorded5
- 504 gross approval dollars$3.2 m
- Average 504 approval$635,000
- Median 504 approval$576,000
- Distinct CDCs active3
- 504 jobs per approval17.4
- 504 jobs per million dollars approved27.4
- Most active CDCCaprock Business Finance Corporation, Inc. (3)
- 7(a) share of SBA approvals58.3 percent
- Combined SBA approval dollars$8.2 m
The average approval of $721,371 sits well above the median of $350,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 14.3 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hale County
Do SBA loans in Hale County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Cancelled1
- Status: Exempt from disclosure4
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 1 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hale County
Which parts of Hale County get the lending
- Places in the county with recorded lending2
- PLAINVIEW, approvals4
- Abernathy, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| PLAINVIEW | 4 | $1,991,000 |
| Abernathy | 3 | $3,058,600 |
PLAINVIEW accounts for 4 approvals against 3 in Abernathy. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hale County
How big is Hale County
- Land area1,005 sq mi
- Rank by land area among Texas counties72nd of 254
- Width, east to west30.2 mi
- Height, north to south33.7 mi
- Geographies sharing a boundary5
- Residents per square mile of land32
- Establishments per square mile0.64
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Hale County
What hazards affect Hale County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book3
- Of those, participating in the NFIP3
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Hale County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Hale County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population32,131
- Households11,024
- Average household size2.91
- Median household income$51,897
- Median age34.4
Common questions
Hale County questions, answered from the record.
How many people live in Hale County, Texas?
32,131, in 11,024 households, ranking 90th of 254 Texas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Hale County growing?
The population has fallen 1.76 percent since the 2020 census base. In 2024 there were 357 births against 348 deaths, with net migration of -70. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Hale County?
$51,897. The median owner-occupied home is valued at $116,500, which is 2.2 times income, and median gross rent is $836 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Hale County?
645 establishments, employing 8,604 people with an annual payroll of $353.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Hale County?
Average annual pay is $48,708, or $937 a week, across 10,866 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Hale County?
7 7(a) approvals totalling $5.0 m since FY2020, across 6 lenders, with a median approval of $350,000, plus 5 504 approvals worth $3.2 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Hale County?
6 housing units were authorised by permit in 2024, with a declared construction value of $1.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Hale County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Hale County come from?
The largest single origin is Hale County Non-migrants, with 10,249 households. Arriving households report an average income of $44,251 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Hale County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Hale County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.